U.K. Panel Seeks
Faster Changes
In Credit Cards

A Wall Street Journal News Roundup

Updated Oct. 20, 2004 12:01 a.m. ET

LONDON -- A U.K. parliamentary committee has demanded that Britain's credit-card lenders speed changes to make charges clearer and help prevent customers from building up large debts. The committee also asked for faster payment transfers and said it would hold a separate inquiry into cash machines.

Over the past year, the Treasury Select Committee has investigated the banking and credit-card industry, following a meeting last year at...